Nikulski Financial Inc. boosted its stake in iShares Gold Trust (NYSEARCA:IAU) by 22.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,195 shares of the exchange traded fund’s stock after acquiring an additional 3,020 shares during the period. Nikulski Financial Inc.’s holdings in iShares Gold Trust were worth $221,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in IAU. Millennium Management LLC purchased a new stake in iShares Gold Trust during the 4th quarter worth approximately $1,776,000. Belpointe Asset Management LLC bought a new stake in iShares Gold Trust during the fourth quarter worth about $119,000. Deutsche Bank AG acquired a new position in iShares Gold Trust during the fourth quarter worth about $34,306,000. Nadler Financial Group Inc. raised its stake in iShares Gold Trust by 2,623.1% during the first quarter. Nadler Financial Group Inc. now owns 1,834,009 shares of the exchange traded fund’s stock worth $22,705,000 after acquiring an additional 1,766,659 shares in the last quarter. Finally, Montecito Bank & Trust acquired a new position in iShares Gold Trust during the first quarter worth about $543,000.
iShares Gold Trust stock opened at $13.83 on Friday. The firm has a 50 day moving average price of $13.42. iShares Gold Trust has a 1 year low of $11.25 and a 1 year high of $13.86.
iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust.
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